Republic of Paraguay | |
|---|---|
Motto: "Paz y justicia" (Spanish) "Peace and justice" | |
 Location of Paraguay (dark green) in South America (grey) | |
_-_PRY_-_UNOCHA.svg) | |
| Capital and largest city | Asunción 25°16′S 57°40′W / 25.267°S 57.667°W |
| Official languages | |
| Ethnic groups (2016[1]) | |
| Religion (2018)[2] |
|
| Demonym(s) | Paraguayan Guaraní (colloquial)[3] |
| Government | Unitary dominant-party presidential republic |
| Mario Abdo Benítez | |
| Hugo Velázquez | |
| Legislature | Congress |
| Senate | |
| Chamber of Deputies | |
| Independence from Spain | |
• Declared | 14 May 1811 |
• Recognized | 25 November 1842 |
| 24 October 1945 | |
| Area | |
• Total | 406,752 km2 (157,048 sq mi) (59th) |
• Water (%) | 2.3 |
| Population | |
• 2020 estimate | 7,252,672[4] (104th) |
• Density | 17.83/km2 (46.2/sq mi) (210th) |
| GDP (PPP) | 2019 estimate |
• Total | $101.075 billion[4] (88th) |
• Per capita | $14,131 (96th) |
| GDP (nominal) | 2019 estimate |
• Total | $44.557 billion[4] (94th) |
• Per capita | $6,229[4] (94th) |
| Gini (2017) |  48.8[5]high |
| HDI (2018) |  0.724[6]high · 98th |
| Currency | Guaraní (PYG) |
| Time zone | UTC–4 (PYT) |
• Summer (DST) | UTC–3 (PYST) |
| Driving side | right |
| Calling code | +595 |
| ISO 3166 code | PY |
| Internet TLD | .py |
| |
![Seal [nb 1] of Paraguay](/wiki/File:Coat_of_arms_of_Paraguay.svg)
Paraguay
Paraguay, officially the Republic of Paraguay, is a country in South America. It is bordered by Argentina to the south and southwest, Brazil to the east and northeast, and Bolivia to the northwest. Although it is one of only two landlocked countries in South America, the country has coasts, beaches and ports on the Paraguay and Paraná rivers that give exit to the Atlantic Ocean through the Paraná-Paraguay Waterway. Due to its central location in South America, it is sometimes referred to as Corazón de Sudamérica.